Detailed Single Year Tables
Description of Proposed Provision:
A9: For single/head-of-household/married-filing-separate taxpayers with modified adjusted gross income (MAGI) below $108,700 and for joint filers with MAGI below $217,400 for December 2025 ($85,000 and $170,000 multiplied by estimated CPI-U for 2018-2025), use the chain-weighted version of the Consumer Price Index for All Urban Consumers (C-CPI-U) to calculate the cost-of-living adjustment (COLA), beginning with the December 2025 COLA. For those beneficiaries whose MAGI is above these thresholds, provide no COLA. Use prior tax year income data for this determination. Use the chain-weighted CPI for the COLA for years prior to benefit receipt. Index the eligibility income threshold amounts to the CPI-U after December 2025.
Financial Estimates for the OASDI Trust Fund Program
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Expressed as a percentage of current-law taxable payroll |
Trust fund ratio as of January 1 |
Expressed as a percentage of current-law taxable payroll |
|||||||
|
Calendar year |
Cost rate |
Income rate |
Annual balance |
Cost rate |
Income rate |
Annual balance |
|||
| 2023 | 14.53 | 13.29 | -1.24 | 204 | 0.00 | 0.00 | 0.00 | ||
| 2024 | 14.87 | 12.89 | -1.98 | 187 | 0.00 | 0.00 | 0.00 | ||
| 2025 | 15.04 | 12.97 | -2.07 | 168 | 0.00 | 0.00 | 0.00 | ||
| 2026 | 15.16 | 13.08 | -2.08 | 150 | -0.08 | -0.00 | 0.07 | ||
| 2027 | 15.23 | 13.09 | -2.14 | 133 | -0.15 | -0.01 | 0.15 | ||
| 2028 | 15.32 | 13.12 | -2.21 | 117 | -0.23 | -0.01 | 0.22 | ||
| 2029 | 15.41 | 13.15 | -2.27 | 101 | -0.30 | -0.02 | 0.29 | ||
| 2030 | 15.49 | 13.17 | -2.33 | 85 | -0.38 | -0.02 | 0.36 | ||
| 2031 | 15.55 | 13.19 | -2.36 | 69 | -0.45 | -0.02 | 0.43 | ||
| 2032 | 15.62 | 13.21 | -2.41 | 53 | -0.52 | -0.03 | 0.49 | ||
| 2033 | 15.68 | 13.22 | -2.46 | 38 | -0.59 | -0.03 | 0.56 | ||
| 2034 | 15.72 | 13.22 | -2.50 | 23 | -0.66 | -0.04 | 0.62 | ||
| 2035 | 15.76 | 13.23 | -2.53 | 7 | -0.72 | -0.04 | 0.68 | ||
| 2036 | 15.77 | 13.23 | -2.54 | ---- | -0.78 | -0.04 | 0.74 | ||
| 2037 | 15.79 | 13.23 | -2.56 | ---- | -0.84 | -0.05 | 0.79 | ||
| 2038 | 15.80 | 13.24 | -2.56 | ---- | -0.90 | -0.05 | 0.85 | ||
| 2039 | 15.80 | 13.24 | -2.56 | ---- | -0.95 | -0.05 | 0.89 | ||
| 2040 | 15.78 | 13.24 | -2.54 | ---- | -1.00 | -0.06 | 0.94 | ||
| 2041 | 15.76 | 13.24 | -2.52 | ---- | -1.04 | -0.06 | 0.98 | ||
| 2042 | 15.73 | 13.24 | -2.49 | ---- | -1.08 | -0.06 | 1.02 | ||
| 2043 | 15.71 | 13.24 | -2.47 | ---- | -1.12 | -0.06 | 1.06 | ||
| 2044 | 15.69 | 13.24 | -2.45 | ---- | -1.16 | -0.07 | 1.09 | ||
| 2045 | 15.67 | 13.24 | -2.43 | ---- | -1.19 | -0.07 | 1.12 | ||
| 2046 | 15.66 | 13.24 | -2.42 | ---- | -1.22 | -0.07 | 1.15 | ||
| 2047 | 15.65 | 13.24 | -2.41 | ---- | -1.25 | -0.07 | 1.18 | ||
| 2048 | 15.65 | 13.24 | -2.40 | ---- | -1.28 | -0.07 | 1.21 | ||
| 2049 | 15.65 | 13.24 | -2.41 | ---- | -1.31 | -0.08 | 1.23 | ||
| 2050 | 15.66 | 13.24 | -2.41 | ---- | -1.33 | -0.08 | 1.25 | ||
| 2051 | 15.67 | 13.25 | -2.42 | ---- | -1.35 | -0.08 | 1.27 | ||
| 2052 | 15.68 | 13.25 | -2.44 | ---- | -1.37 | -0.08 | 1.29 | ||
| 2053 | 15.71 | 13.25 | -2.46 | ---- | -1.40 | -0.08 | 1.31 | ||
| 2054 | 15.75 | 13.25 | -2.49 | ---- | -1.42 | -0.08 | 1.33 | ||
| 2055 | 15.79 | 13.26 | -2.53 | ---- | -1.44 | -0.08 | 1.35 | ||
| 2056 | 15.84 | 13.26 | -2.58 | ---- | -1.46 | -0.09 | 1.37 | ||
| 2057 | 15.90 | 13.27 | -2.63 | ---- | -1.48 | -0.09 | 1.39 | ||
| 2058 | 15.96 | 13.27 | -2.68 | ---- | -1.50 | -0.09 | 1.42 | ||
| 2059 | 16.01 | 13.28 | -2.74 | ---- | -1.53 | -0.09 | 1.44 | ||
| 2060 | 16.07 | 13.28 | -2.79 | ---- | -1.55 | -0.09 | 1.46 | ||
| 2061 | 16.12 | 13.29 | -2.83 | ---- | -1.57 | -0.09 | 1.48 | ||
| 2062 | 16.16 | 13.29 | -2.87 | ---- | -1.60 | -0.09 | 1.50 | ||
| 2063 | 16.20 | 13.29 | -2.91 | ---- | -1.62 | -0.10 | 1.53 | ||
| 2064 | 16.24 | 13.30 | -2.94 | ---- | -1.65 | -0.10 | 1.55 | ||
| 2065 | 16.27 | 13.30 | -2.97 | ---- | -1.67 | -0.10 | 1.57 | ||
| 2066 | 16.30 | 13.30 | -3.00 | ---- | -1.70 | -0.10 | 1.60 | ||
| 2067 | 16.33 | 13.31 | -3.03 | ---- | -1.73 | -0.10 | 1.62 | ||
| 2068 | 16.36 | 13.31 | -3.05 | ---- | -1.75 | -0.10 | 1.65 | ||
| 2069 | 16.39 | 13.31 | -3.08 | ---- | -1.78 | -0.11 | 1.67 | ||
| 2070 | 16.42 | 13.32 | -3.11 | ---- | -1.81 | -0.11 | 1.70 | ||
| 2071 | 16.45 | 13.32 | -3.13 | ---- | -1.83 | -0.11 | 1.73 | ||
| 2072 | 16.47 | 13.32 | -3.15 | ---- | -1.86 | -0.11 | 1.75 | ||
| 2073 | 16.49 | 13.32 | -3.17 | ---- | -1.89 | -0.11 | 1.78 | ||
| 2074 | 16.51 | 13.33 | -3.19 | ---- | -1.92 | -0.11 | 1.80 | ||
| 2075 | 16.52 | 13.33 | -3.20 | ---- | -1.94 | -0.12 | 1.83 | ||
| 2076 | 16.52 | 13.33 | -3.19 | ---- | -1.97 | -0.12 | 1.85 | ||
| 2077 | 16.51 | 13.33 | -3.18 | ---- | -1.99 | -0.12 | 1.87 | ||
| 2078 | 16.49 | 13.33 | -3.16 | ---- | -2.02 | -0.12 | 1.89 | ||
| 2079 | 16.45 | 13.33 | -3.13 | ---- | -2.04 | -0.12 | 1.92 | ||
| 2080 | 16.40 | 13.32 | -3.08 | ---- | -2.06 | -0.12 | 1.94 | ||
| 2081 | 16.35 | 13.32 | -3.03 | ---- | -2.08 | -0.13 | 1.96 | ||
| 2082 | 16.29 | 13.32 | -2.97 | ---- | -2.10 | -0.13 | 1.98 | ||
| 2083 | 16.22 | 13.31 | -2.91 | ---- | -2.12 | -0.13 | 2.00 | ||
| 2084 | 16.15 | 13.31 | -2.84 | ---- | -2.14 | -0.13 | 2.01 | ||
| 2085 | 16.07 | 13.30 | -2.76 | ---- | -2.16 | -0.13 | 2.03 | ||
| 2086 | 15.98 | 13.30 | -2.69 | ---- | -2.18 | -0.13 | 2.04 | ||
| 2087 | 15.90 | 13.29 | -2.60 | ---- | -2.19 | -0.13 | 2.06 | ||
| 2088 | 15.81 | 13.29 | -2.52 | ---- | -2.21 | -0.13 | 2.07 | ||
| 2089 | 15.73 | 13.28 | -2.45 | ---- | -2.22 | -0.13 | 2.09 | ||
| 2090 | 15.66 | 13.28 | -2.38 | ---- | -2.24 | -0.13 | 2.10 | ||
| 2091 | 15.59 | 13.27 | -2.31 | ---- | -2.25 | -0.14 | 2.12 | ||
| 2092 | 15.53 | 13.27 | -2.26 | ---- | -2.27 | -0.14 | 2.13 | ||
| 2093 | 15.49 | 13.27 | -2.22 | ---- | -2.28 | -0.14 | 2.15 | ||
| 2094 | 15.45 | 13.27 | -2.19 | ---- | -2.30 | -0.14 | 2.16 | ||
| 2095 | 15.43 | 13.26 | -2.16 | ---- | -2.32 | -0.14 | 2.18 | ||
| 2096 | 15.41 | 13.26 | -2.15 | ---- | -2.33 | -0.14 | 2.19 | ||
| 2097 | 15.40 | 13.26 | -2.14 | ---- | -2.35 | -0.14 | 2.21 | ||
| 2098 | 15.40 | 13.26 | -2.14 | ---- | -2.37 | -0.14 | 2.23 | ||
Summarized Estimates
| Proposal | Change from Current Law | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Years | Cost rate |
Income rate |
Actuarial balance |
Year of reserve depletion1 |
Cost rate |
Income rate |
Actuarial balance |
||
| 2023-2097 | 15.99% | 13.70% | -2.30% | 2035 | -1.39% | -0.08% | 1.31% | ||
1 Under current law, the year of Trust Fund reserve depletion is 2034. |
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Based on Intermediate Assumptions of the 2023 Trustees Report.